German InsurTech in 18 Facts

InsurTech VC is Mega Hot!

They have all discovered InsurTech as a potential goldmine and are chasing startups with their venture capital dollars. In aggregate, they have invested $2.7bn globally in 2015, which is more than 3.5x the 2014 number.

And What’s Going on in Germany?

Apparently, InsurTech VC is mega hot at present. After fairr.de has been awarded FinTech of the Year 2015 it’s definitely time to see, what is going on in Germany. Consequently, we have drawn down relevant InsurTech info from our proprietary Barkow Consulting FinTech Money Map data base.

Below We Present the Anatomy of German InsurTech in 18 Points:

We count a total of 25 InsurTech startups in Germany

10 InsurTech startups are backed by VC

4 InsurTech startups have successfully closed ≥ three funding rounds

> €40m Venture Capital has been invested since 2012

€27m VC was invested in 2015 alone

This is >3x 2014, but only 1% of global InsurTech VC

We count 23 VC funding rounds since 2012

We count 9 funding rounds in 2015

33 VCs have invested in German InsurTech

… of which 3 with 2 investments each

… of which 8 foreign VCs

> 40 Angel Investors have invested in German InsurTech

3 InsurTech startups raised €8m or more each

2 M&A deals closed in 2015

startupbootcamp lured German massup into its London InsurTech acceleretor